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CryptoIntelligence 2024-03-14 18:54:28

Thetanuts Finance Launches Leveraged LRT Strategy Vault on the Ethereum Mainnet

Thetanuts Finance Launches Leveraged LRT Strategy Vault on the Ethereum Mainnet

Thetanuts Finance, a prominent decentralized on-chain options protocol, has recently unveiled its integration with Pendle Finance’s $PT-eETH, launching a Leveraged LRT Strategy Vault on the Ethereum Mainnet. This initiative marks Thetanuts’ initial venture into restaking and Liquid Restaking Tokens (LRTs), a burgeoning segment within the Decentralized Finance (DeFi) sector that boasts over $10 billion in Total Value Locked (TVL). Restaking enables DeFi participants to leverage their staked $ETH for securing additional networks, thereby earning yields beyond those available on the Ethereum Mainnet. Originated by EigenLayer, this mechanism offers users the option to restake either directly through EigenLayer’s native dApp or

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